- 收帳和銷貨天數如果一直上升, 就要當心了!
- 存貨在不同時期有不同的意義, 像是滯銷, 或是因為報價回升而屯貨, 或是積極備料, 這都需要去看存貨細項和判斷當時的情況來分辨
- 當存貨增加時, 還需要注意增加的是不是商品或製成品. 如果是在製品或原物料, 反而有可能是供給不順沒法變製成品又或者是需求旺盛(短期營收趨勢向上)
- 處在景氣下行的公司當存貨細項-原料和在製品的回升可能代表訂單開始回溫了
- 當記憶體模組廠, 像是威剛、十銓存貨增加時, 有可能是在增加低價庫存, 代表著景氣循環來到相對低點, 也許就是建立部位的好時機
- 當淨營業週期(日)接近於0, 代表公司好像在做無本生意
| 應收帳款周轉率 QoQ YoY | 存貨周轉率 QoQ YoY | 平均收帳天數 QoQ YoY | 平圴銷貨天數 QoQ YoY | 應付帳款付現天數 QoQ YoY | 淨營業週期(日) QoQ YoY | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23Q4 (20) | 1.66 | 69.39 | 45.61 | 2.59 | 44.69 | 2.37 | 54.80 | -40.99 | -31.41 | 35.12 | -30.8 | -2.47 | 47.78 | -46.86 | -38.05 | 42.13 | -21.56 | 8.67 |
| 23Q3 (19) | 0.98 | -35.1 | -31.94 | 1.79 | -37.63 | -52.27 | 92.87 | 53.68 | 46.69 | 50.75 | 59.79 | 109.28 | 89.91 | 72.41 | 52.93 | 53.71 | 34.14 | 86.75 |
| 23Q2 (18) | 1.51 | 21.77 | 49.5 | 2.87 | 36.02 | 1.77 | 60.43 | -17.63 | -32.71 | 31.76 | -26.29 | -1.7 | 52.15 | -18.13 | -34.78 | 40.04 | -24.09 | -5.05 |
| 23Q1 (17) | 1.24 | 8.77 | -18.95 | 2.11 | -16.6 | -52.9 | 73.36 | -8.19 | 23.71 | 43.09 | 19.66 | 112.37 | 63.70 | -17.41 | 14.16 | 52.75 | 36.06 | 121.73 |
| 22Q4 (16) | 1.14 | -20.83 | -26.92 | 2.53 | -32.53 | -48.47 | 79.90 | 26.2 | 36.86 | 36.01 | 48.49 | 94.33 | 77.13 | 31.2 | 37.12 | 38.77 | 34.81 | 87.66 |
| 22Q3 (15) | 1.44 | 42.57 | -8.28 | 3.75 | 32.98 | -43.86 | 63.31 | -29.51 | 9.17 | 24.25 | -24.95 | 78.18 | 58.79 | -26.48 | 12.41 | 28.76 | -31.8 | 48.94 |
| 22Q2 (14) | 1.01 | -33.99 | -23.48 | 2.82 | -37.05 | -63.66 | 89.81 | 51.45 | 30.52 | 32.31 | 59.24 | 175.68 | 79.96 | 43.3 | 77.26 | 42.17 | 77.26 | 19.06 |
| 22Q1 (13) | 1.53 | -1.92 | -19.05 | 4.48 | -8.76 | -62.19 | 59.30 | 1.58 | 23.31 | 20.29 | 9.5 | 164.19 | 55.80 | -0.8 | 95.65 | 23.79 | 15.15 | -12.7 |
| 21Q4 (12) | 1.56 | -0.64 | 129.41 | 4.91 | -26.5 | -19.9 | 58.38 | 0.67 | -56.4 | 18.53 | 36.15 | 24.87 | 56.25 | 7.55 | -34.73 | 20.66 | 6.99 | -66.97 |
| 21Q3 (11) | 1.57 | 18.94 | 33.05 | 6.68 | -13.92 | -24.6 | 57.99 | -15.72 | -24.72 | 13.61 | 16.13 | 32.52 | 52.30 | 15.94 | -8.37 | 19.31 | -45.48 | -36.08 |
| 21Q2 (10) | 1.32 | -30.16 | -19.51 | 7.76 | -34.51 | 28.48 | 68.81 | 43.09 | 24.09 | 11.72 | 52.6 | -22.23 | 45.11 | 58.17 | -1.79 | 35.42 | 29.98 | 44.04 |
| 21Q1 (9) | 1.89 | 177.94 | 46.51 | 11.85 | 93.31 | 172.41 | 48.09 | -64.08 | -31.88 | 7.68 | -48.25 | -63.32 | 28.52 | -66.91 | -48.17 | 27.25 | -56.43 | -25.36 |
| 20Q4 (8) | 0.68 | -42.37 | -20.93 | 6.13 | -30.81 | 23.34 | 133.89 | 73.82 | 26.67 | 14.84 | 44.5 | -18.95 | 86.18 | 50.98 | -6.29 | 62.55 | 107.05 | 95.16 |
| 20Q3 (7) | 1.18 | -28.05 | -6.35 | 8.86 | 46.69 | 17.82 | 77.03 | 38.92 | 6.78 | 10.27 | -31.85 | -15.12 | 57.08 | 24.28 | -10.18 | 30.21 | 22.85 | 46.01 |
| 20Q2 (6) | 1.64 | 27.13 | 26.15 | 6.04 | 38.85 | -1.95 | 55.45 | -21.46 | -20.91 | 15.07 | -28.03 | 2.03 | 45.93 | -16.54 | -26.04 | 24.59 | -32.65 | 7.9 |
| 20Q1 (5) | 1.29 | 50.0 | -6.52 | 4.35 | -12.47 | -24.08 | 70.60 | -33.21 | 7.28 | 20.94 | 14.36 | 31.86 | 55.03 | -40.16 | -10.59 | 36.51 | 13.92 | 81.28 |
| 19Q4 (4) | 0.86 | -31.75 | 0.0 | 4.97 | -33.91 | 0.0 | 105.70 | 46.52 | 0.0 | 18.31 | 51.32 | 0.0 | 91.96 | 44.7 | 0.0 | 32.05 | 54.91 | 0.0 |
| 19Q3 (3) | 1.26 | -3.08 | 0.0 | 7.52 | 22.08 | 0.0 | 72.14 | 2.9 | 0.0 | 12.10 | -18.08 | 0.0 | 63.55 | 2.33 | 0.0 | 20.69 | -9.21 | 0.0 |
| 19Q2 (2) | 1.30 | -5.8 | 0.0 | 6.16 | 7.5 | 0.0 | 70.11 | 6.53 | 0.0 | 14.77 | -6.99 | 0.0 | 62.10 | 0.89 | 0.0 | 22.79 | 13.16 | 0.0 |
| 19Q1 (1) | 1.38 | 0.0 | 0.0 | 5.73 | 0.0 | 0.0 | 65.81 | 0.0 | 0.0 | 15.88 | 0.0 | 0.0 | 61.55 | 0.0 | 0.0 | 20.14 | 0.0 | 0.0 |
| 應收帳款周轉率 YoY | 存貨周轉率 YoY | 平均收帳天數 YoY | 平圴銷貨天數 YoY | 應付帳款付現天數 YoY | 淨營業週期(日) YoY | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 (10) | 5.46 | -4.88 | 10.28 | -17.16 | 66.88 | 5.12 | 35.51 | 20.7 | 60.32 | -3.16 | 42.06 | 36.74 |
| 2022 (9) | 5.74 | -20.94 | 12.41 | -46.72 | 63.62 | 26.51 | 29.42 | 87.75 | 62.29 | 31.52 | 30.76 | 65.38 |
| 2021 (8) | 7.26 | -8.1 | 23.29 | -40.01 | 50.29 | 8.83 | 15.67 | 66.7 | 47.36 | 30.22 | 18.60 | -3.38 |
| 2020 (7) | 7.90 | 20.43 | 38.82 | 29.31 | 46.21 | -16.92 | 9.40 | -22.7 | 36.37 | -24.31 | 19.25 | -2.38 |
| 2019 (6) | 6.56 | -10.5 | 30.02 | 4.49 | 55.62 | 11.78 | 12.16 | -4.33 | 48.05 | 2.52 | 19.72 | 26.41 |
| 2018 (5) | 7.33 | 11.91 | 28.73 | -19.14 | 49.76 | -10.65 | 12.71 | 23.76 | 46.87 | -17.01 | 15.60 | 64.38 |
| 2017 (4) | 6.55 | -1.21 | 35.53 | -6.3 | 55.69 | 1.14 | 10.27 | 6.65 | 56.48 | 6.97 | 9.49 | -20.19 |
| 2016 (3) | 6.63 | 20.11 | 37.92 | 45.85 | 55.06 | -16.78 | 9.63 | -31.41 | 52.80 | -29.49 | 11.89 | 123.5 |
| 2015 (2) | 5.52 | 0.91 | 26.00 | -33.64 | 66.16 | -0.87 | 14.04 | 50.64 | 74.88 | 2.6 | 5.32 | 73.29 |
| 2014 (1) | 5.47 | 36.75 | 39.18 | 29.31 | 66.74 | -26.77 | 9.32 | -22.66 | 72.98 | -6.7 | 3.07 | -87.7 |
